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Economics Terms
Quiz
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History
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8th Grade
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is given up when you make a choice?
Scarcity
Choice
Opportunity Cost
Production
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A Selection
Choice
Price
Incentives
Supply and Demand
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Things that motivate
Resources
Comsumption
Price
Incentives
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The using of goods and Services
Price
Production
Consumption
Scarcity
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Someone who buys or uses things
Consumer
Production
Resource
Price
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The interaction of these 2 things determine price
Supply and Demand
Opportunity Cost
Price
Production
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Factors of productions that are used in the production of goods & services
Resources
Price
Scarcity
Choice
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